Wednesday, May 15, 2019 - 10:37am

Auto Remarketing Staff

After 12 years in the position, Pierre Pons will step down from his role as chief executive officer of ServNet Auctions at the end of 2019. ServNet will move to a single executive director system, which it had before Pons became CEO in 2008, versus its current corporate staff operation. “Ten years is a solid... Read More

Tuesday, May 14, 2019 - 4:36pm

Auto Remarketing Staff

Could a digitally based ratings system, like we see in retail, help with conversion rates in wholesale? Kelly Bianchi, president of AuctionVCommerce, discusses that and more with Cherokee Media Group president Bill Zadeits in this podcast recorded at the CAR Conference in Las Vegas earlier this year. The full... Read More

Tuesday, May 14, 2019 - 4:00pm

Joe Overby, Senior Editor

The Black Book Market Insights report released Tuesday had this anecdote from auction lane commentary in Georgia: “SUVs flooded the lanes today. In general, prices remained high as the stability of the market continues." Strong and stable. Such was the wholesale market last week. Wholesale prices were... Read More

Tuesday, May 14, 2019 - 2:35pm

Auto Remarketing Staff

KAR Auction Services chairman and chief executive officer Jim Hallett calls its 2011 acquisition of upstream remarketing platform OPENLANE a significant milestone for KAR “that ignited the digital transformation for our company and really, for the entire industry.” “Throughout the years, OPENLANE has... Read More

Monday, May 13, 2019 - 2:17pm

Auto Remarketing Staff

Alliance Auto Auction was founded in Texas in 2011 and has operated four locations in the state. But Alliance’s chief executive officer Tim Adams has had a long-term goal to open an auction in Austin. He has now met that goal. Alliance Auto Auction is opening a new 35-acre greenfield facility in Austin. The... Read More

Friday, May 10, 2019 - 2:08pm

Auto Remarketing Staff

He is a three-time world champion auctioneer who since 1974 has called bids for items such as collector cars, livestock, multi-million-dollar real estate sales and charity benefits. Paul Behr, who is president and owner of the World Wide College of Auctioneering and the World Automobile Auctioneers Championship, has... Read More

Tuesday, May 7, 2019 - 3:54pm

Auto Remarketing Staff

A new expansion of online vehicle auction company Copart’s Atlanta East facility in Georgia adds 20 acres to its existing 54 acres of storage capacity. Copart said in a news release that it expanded the site — at 6089 Highway 20 in Loganville, Ga. — to help meet increased demands of its Atlanta... Read More

Tuesday, May 7, 2019 - 10:30am

Auto Remarketing Staff

With observers noticing some cleaner vehicles moving down the lanes, Black Book said its data showed this year’s spring market extending into a seventh week. This week’s Market Insights report also offered a glimpse into the latest specialty markets as the industry sets its target on summertime wholesale and... Read More